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Formosa Chemicals to Shut Down Taiwan Plant Amid Regulatory Battle
(Friday, September 30, 2016) Formosa Chemicals & Fiber Corp , a unit of Formosa Plastic Group, said on Friday it will shut down its plant in central Taiwan beginning next week as the local government declined to renew permits for its cogeneration equipment.
Shell Declares Force Majeure on Chemical Supply from Singapore
(Thursday, September 29, 2016) Royal Dutch Shell has declared force majeure on base chemicals from its ethylene cracker at its Bukom manufacturing site in Singapore on Thursday, following an outage the day before, a company spokeswoman said.
Dow Chemical's Kuwait Venture Said to Plan Up to $3 Billion Bond
(Tuesday, September 27, 2016) Kuwait's Equate Petrochemical Co. has hired banks for a potential bond issue of as much as $3 billion, according to two people with knowledge of the deal.
Britain's First U.S. Shale Gas Delivery Arrives in Stormy Scotland
(Tuesday, September 27, 2016) Britain's first shale gas delivery from the United States sailed into a heated European political debate on fracking on Tuesday .
Energy-intensive Industry Continues to Call for Free EU CO2 Permits
(Tuesday, September 27, 2016) A group of 15 European energy-intensive industry associations called in a statement on Tuesday for the European Parliament to reject a tiered approach to handing out free EU carbon permits to industry and to keep full free allocation.
Praxair to Build VPSA Plants at Hyundai's Daesan Complex
(Monday, September 26, 2016) Praxair will build, own and operate four vacuum pressure swing adsorption (VPSA) plants that will supply a combined 750 tons per day of oxygen to Hyundai, which is located at Daesan petrochemical complex on the west coast of South Korea.
First US Shale Gas Shipment to Arrive in Britain, Serenaded by Scots Piper
(Thursday, September 22, 2016) Chemicals giant Ineos will be importing ethane in a foretaste of larger deliveries of LNG from shale set to reach Europe in 2018.
A $24 Billion China Refinery Sees a Great Future in Plastics
(Wednesday, September 21, 2016) A new $24 billion Chinese refinery that'll use as much crude oil as some of Asia's biggest plants is set to take on rivals by helping make plastic bottles rather than fuel for cars.
Saudi KAD Wins Saudi Aramco Strategic Pipeline Projects
(Tuesday, September 20, 2016) The pipelines will significantly expand Saudi Aramco's capabilities for delivering sales gas to power plants and petrochemical facilities throughout the Kingdom of Saudi Arabia.
Shell Starts New Heart Cut Splitter at Netherlands Refinery
(Friday, September 16, 2016) Shell announced that it has formally marked the start-up of a new aromatics unit at its Pernis refinery in Rotterdam, the Netherlands. An executive said construction finished several months early.
Three Firms Vie for BP's China Petrochemicals Plant - Sources
(Thursday, September 15, 2016) At least three leading chemical companies are set to vie for BP's stake in Chinese petrochemicals joint venture SECCO which could fetch more than $2 billion, sources close to the process said.
TPC to Divest SE Texas Facility
(Wednesday, September 14, 2016) TPC Group announced Wednesday that it has reached an agreement to sell its Baytown Operations to SI Group.
Sinochem to Add Ethylene Complex to Quanzhou Oil Refinery
(Wednesday, September 14, 2016) Sinochem will add an ethylene complex to its Quanzhou oil refinery, company vice president Zhang Wei told Reuters on the sideline of a chemical conference.
Fire Breaks Out at Petrochemical Plant in Southern Iran
(Wednesday, September 14, 2016) A fire broke out on Wednesday at Iran's Mobin Petrochemical refinery complex in southern port of Assaluyeh, leaving four people injured, state media reported, the latest in a string of blazes in the region.
Ineos Selects Jacobs for Chocolate Bayou Project
(Tuesday, September 13, 2016) Jacobs Engineering Group Inc. announced Tuesday it received a contract from INEOS Oligomers to design and build a large linear alpha olefin (LAO) unit at the INEOS petrochemical complex in Chocolate Bayou, Texas.
BASF Slashes European Production of Key Plastics Intermediary
(Monday, September 12, 2016) The measures will affect around 80 employees at the group's Ludwigshafen, Germany headquarters, all of whom will be offered new jobs at the site, BASF said.
LyondellBasell to Deploy New Tech for Texas HDPE Project
(Friday, September 09, 2016) Project to create up to 1,000 construction, 75 full-time jobs, company says.
SK Incheon Petrochem Plans Full Shutdown for Maintenance from Sept 19
(Friday, September 09, 2016) SK Incheon Petrochem, owned by SK Innovation Co Ltd, said on Friday it plans a full shutdown for maintenance from Sept. 19 and will resume operations on Oct. 28.
Analyst: Northeast NGL Supply/Demand at 'Crossroads'
(Thursday, September 08, 2016) Proposed Appalachian Storage Hub might incentivize region's ethane recovery, petrochemicals investment, says S&P Global Platts analyst.
Williams Partners May Divest Louisiana Olefins Facility
(Thursday, September 08, 2016) Williams Partners currently holds an approximate 88.5 percent undivided ownership interest in the Geismar olefins plant and is operator of the facility.